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Description:
This book illuminates the characteristics of the Japanese economy and describes the sources of the strength of this dynamic economy. It also analyses how and why these features have been changing over recent years, as a result of deregulation, internationalization, and the accumulation of various assets in the economy. The papers included in this volume, written by leading researchers in their respective areas, together with an introductory overview, provide one of the most detailed and rigorous examinations of the structure of the contemporary Japanese economy. Topics covered in this book include the Japanese firm, the labour market, the patterns of saving, investment and growth, the financial system, macroeconomic policies and international economic relations. While maintaining analytical rigour, the book is easily accessible and useful for those readers with just a basic background of economics.